ICO Details

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ICO Overview

AltoCar service connects passengers and drivers. The main feature is the ability to add drivers to the 'Favorites', and to use only their services in the future.

About Altocar AltoCar service connects passengers and drivers. The main feature is the ability to add drivers to the 'Favorites', and to use only their services in the future. The service operates in the B2C and B2B segments. For two years of operating in the taxi market of Kazan (Russia), AltoCar company has launched and is running: service of drivers by subscription, service for corporate clients, service for individuals. AltoCar service carried out more than 90 thousand trips, the total length of trips has been estimated up to 1.35 million kilometers At the moment the Service is an acting business: 8000 employees of organizations and individuals; 100+ organizations of Kazan: banks, well-known retail companies, construction and oil companies and many others; 5000+ drivers in the service database. Total revenue of $ 500,000 (28 million rubles). With the help of raised funds on the ICO, we plan to implement the service in 13 million-population cities of Russia in 18 months. Token ALTOCAR (ALTC) Tokens will be used to get free trips, significant discounts on trips. For drivers and partners, tokens will be included in the bonus program. Starting course equivalent to $1 Repurchase The repurchase of issued and sold tokens will be carried out 18 months after the completion of the ICO (at the exchange rate of 1 token has a value equivalent to $2) under the following conditions Total number of tokens 32 000 000 The quantity during PRESALE stage 300 000 The quantity during ICO 21.76 million tokens (68%) (minus realized during PRESALE) Bounty 640 thousand tokens (2%) Remain for input into the domestic economy and the founders 9.6 million tokens (30%) Bonus for the purchased tokens (PRESALE) (10.07.2017 - 10.08.2017) The first week – 45%. The second week – 40%. The third week – 35%. Fourth week – 30%. Bonus for the purchased tokens (ICO) (04.09.2017 - 04.10.2017) During the first week – 25%. During the second week – 20%. The third week – 15%. Fourth week – 10% Platform WAVES Altocar has successfully finished Presale and sold all 300,000 tokens and raised $332,419.

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